South African billionaire Christo Wiese loses $46 million from investment in Shoprite
Wiese’s holdings in Shoprite amount to an 11.58-percent stake, valued at over $780 million.
South African billionaire
South African billionaire Michiel Le Roux gains $245 million from Capitec stake
Le Roux owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
South African billionaire Koos Bekker gains $300 million in 5 days
With his present fortune of $2.6 billion, Koos Bekker now claims the 1,317th spot on Forbes’ global list of the wealthiest individuals.
Africa’s first Black billionaire Patrice Motsepe faces $900-million loss in 2023
Despite this recent decline in his net worth, Motsepe retains his status as the wealthiest Black individual in Southern Africa.
Ghanaian executive Ebenezer Asante earns $2.7-million salary from MTN in 2022
Asante oversees the company’s operations in three key regions.
South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
South African-born billionaire Patrick Soon-Shiong loses $250 million
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
South Africa’s richest man Johann Rupert’s firm to reward investors with $48.2-million dividend
Remgro Limited is a leading investment holding company led by South Africa’s richest man Johann Rupert.
South African billionaire Koos Bekker’s net worth slumps by $100 million
Despite these setbacks, Bekker remains one of the most affluent billionaires in Africa, boasting a net worth of $2.3 billion.
South African billionaire Adrian Gore-led group posts $280 million in profit in 2023
Discovery was founded in 1992 by Gore as a medical insurer.
South Africa’s second-richest man Nicky Oppenheimer hit by $200-million loss in 2 days
Despite the recent decline in his fortune, Oppenheimer’s year-to-date gain presently aggregates to a substantial $925 million.
South Africa’s richest man Johann Rupert loses $3.4 billion in just 10 weeks
Despite this recent setback, Rupert retains his status as South Africa’s wealthiest individual, surpassing fellow South African magnate Nicky Oppenheimer.
South African tycoon Des de Beer sells shares in Resilient REIT
Des de Beer is the founder of numerous real estate investment companies in South Africa, Mauritius and Europe.
Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant
Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.
Stephen Saad’s Aspen to pioneer South Africa’s first human insulin production
Established in 1997 by Saad, Aspen has steadily expanded its global presence in the pharmaceutical sector.
Shoprite to pay South African billionaire Christo Wiese $13.8-million dividend
Wiese owns an 11.58-percent stake in Shoprite, valued at more than $900 million.